Welcome to this brutally-honest Forex Robotron Review.
Forex Robotron brands itself as being among the few trading robots to be tested with real variable spreads, actual tick data and slippages, as well as an issuer of a $7-trading commission for each lot and round. But that’s not all – the robot is presumably also your “perfect” forex trading companion if its alleged email testimonials are anything to go by.
Claims and allegations aside, what exactly is Forex Robotron and is it worth any of your time or money?
Pull up a chair and let’s find out the truth once and for all.
What is Forex Robotron?
Forex Robotron is a forex trading software created by a team of developers claiming to have spent thousands of coding hours coming up with the Expert Advisor (EA). The MT4 trading software does not specify the minimum trading account balance but indicates that investors can leverage any amounts.
According to its website, Forex Robotron can work on any MetaTrader 4 forex brokerage and users can trade any of their five currency pairs: EURAUD, EURCAD, EURCHF, EURGBP, and EURUSD. The software runs on 5-minutes chart frames and one license allows you to operate on one live MT4 account.
Forex Robotron Review: Trading Experience
Online searches on Forex Robotron’s trading experience proved futile as we never found any single verifiable source specifically explaining how the software helps people make money. The only other source of information is the tool’s website, which to be perfectly clear, looks shady. A look at ‘MyFxBook’ reveals an even worrying trend.
One of the robot’s supposed notable gain of 23839.21% dates back to 2018 with zero withdrawals to date:
So, where is the truth?
Are people making money using the software or is it just yet another con-game? Why would the only available trading data regarding the software date back to 2018? Did they perhaps close shop?
The software that claims to make use of the scalper strategy gives no concrete details on any aspect of their business, leaving us with more questions than answers. If this Forex Robotron review doesn’t reflect the actual situation on the ground, we welcome anyone with contrary information to publish the same in the comments section.
Apart from this software’s questionable trading aspect, a few other things caught our attention. First on the list are its testimonials. A thorough check of their published customer reviews suggests that all their feedback is positive and that they’re directly sent to their email address.
My attempts to crisscross the internet for any independent customer reviews hit a dead end. We couldn’t find anything on them on Trust Pilot either.
But even with a price range as high as $299 – $999, with Forex Robotron, there are no guarantees. In their Disclaimer fine print, they prevent you from shifting any blame (whatsoever) to them in case things go south.
And to top it all up, there’s a tiny line somewhere on their website saying: No refunds due to the downloadable nature of the software. So, unless you’re willing to lose that hard-earned $1,000, better make sure you actually like this software enough to take it with the good, the bad and the ugly.
With everything that’s highlighted herein, your guess is as good as mine. Forex Robotron is not worth your time and money. No phone numbers and live chats, nil recent information, and zero refunds – with that, spending up to $999 on this tool sounds like bad business. Unless the developers behind this tech decide to do something about it fast, we don’t recommend using it.